Call reports 2023
BANK OF LAKE MILLS — 2023
What BANK OF LAKE MILLS reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 361,400,000 | 316,509,000 | 352,812,000 | 321,019,000 |
| Total loans | 291,883,000 | 251,421,000 | 287,967,000 | 247,995,000 |
| Allowance for loan losses | 2,296,000 | 2,296,000 | 2,287,000 | 2,283,000 |
| Securities available for sale | 48,057,000 | 46,454,000 | 44,241,000 | 45,984,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 269,792,000 | 232,228,000 | 267,086,000 | 253,558,000 |
| Interest-bearing deposits | 210,339,000 | 174,857,000 | 203,463,000 | 194,373,000 |
| Noninterest-bearing deposits | 59,453,000 | 57,371,000 | 63,623,000 | 59,185,000 |
| Equity capital | 37,021,000 | 36,778,000 | 36,037,000 | 39,372,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,079,000 | 8,830,000 | 13,974,000 | 18,578,000 |
| Interest expense | 1,487,000 | 2,752,000 | 4,503,000 | 6,123,000 |
| Net interest income | 3,592,000 | 6,078,000 | 9,471,000 | 12,455,000 |
| Noninterest income | 2,053,000 | 2,803,000 | 3,666,000 | 4,401,000 |
| Noninterest expense | 2,846,000 | 4,785,000 | 7,479,000 | 9,851,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,799,000 | 4,096,000 | 5,658,000 | 7,005,000 |
| Income tax | 119,000 | 281,000 | 340,000 | 391,000 |
| Net income | 2,680,000 | 3,815,000 | 5,318,000 | 6,614,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,298,000 | 41,904,000 | 43,009,000 | 43,672,000 |
| Total capital | 43,594,000 | 44,200,000 | 45,296,000 | 45,955,000 |
| Risk-weighted assets | 274,871,000 | 231,155,000 | 265,667,000 | 232,256,000 |